Convert Peruvian Nuevo Sol to Macanese Pataca
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Macanese Pataca [MOP], or Convert Macanese Pataca to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Macanese Pataca
1 PEN = 0.440004452359751 MOP
Example: convert 15 PEN to MOP:
15 PEN = 15 × 0.440004452359751 MOP = 6.60006678539626 MOP
Peruvian Nuevo Sol to Macanese Pataca Conversion Table
| Peruvian Nuevo Sol | Macanese Pataca |
|---|
Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau, used for everyday transactions and financial dealings within the region.
History/Origin
Introduced in 1999, the Pataca replaced the Macau pataca, and has since been pegged to the Hong Kong dollar at a fixed rate, reflecting Macau's economic ties with Hong Kong and China.
Current Use
The Pataca remains the primary currency in Macau, widely used for commerce, banking, and tourism-related transactions.